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The Apple, Mike and James partnership was about to enter liquidation with the following account balances: Estimated expenses of liquidation were $5,000. Apple, Mike and

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The Apple, Mike and James partnership was about to enter liquidation with the following account balances: Estimated expenses of liquidation were $5,000. Apple, Mike and James shared profits and losses in a ratio of 2:4:4. What amount of cash was available for safe payments, based on the above information? A. $30,000. B. $85,000. C. $25,000. D. $35,000

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